South Africa, the continent’s most industrialised economy, continues to be an attractive emerging market investment destination for global business leaders, thanks to the continuing presence of “stable governance and a robust legal framework”. This is according to findings contained in Kearney’s 2023 Foreign Direct Investment Confidence Index, an annual survey of global business executives, released on Monday.
” Read: Nothing to see here: Ramokgopa offers same list of load shedding ‘solutions’ Global outlook positive Developed markets continue to have a stronghold on investor confidence. However, on the global outlook, investors are reportedly cautiously optimistic. The survey shows that 76% of business leaders surveyed are looking to increase their FDI over the next three years, up from 67% in the previous survey.